All articles by Valentina Romeo
Valentina Romeo
Exclusive: Deutsche AWM’s UK aims to double its WM business size by 2019
Deutsche Asset & Wealth Management (Deutsche AWM)’s UK wealth management business is set to continue its growth as it aims to double its business size within the next three to five years.
UBS Wealth bolsters its team with two senior hires
UBS Wealth Management has boosted its UK team with two senior appointments. Dean Turner, joining from HSBC Private Bank will be UBS’ UK economist and macro strategist in the firm’s UK Investment Office.
Ex-Barclays Wealth CEO to lead Fidelity UK
Peter Horrell, former chief executive of Barclays Wealth & Investment has been appointed head of UK business at asset management Fidelity Worldwide.
Britains wealthy to get richer than its neighbours
UK has the highest projected millionaire wealth growth of major European economies, according to a forecast by PBI’s sister company WealthInsight and magazine Spear’s.
ETFs and ETPs hit almost $200 bn in Q3 2014
Exchange traded funds (ETFs) and exchange traded products (ETPs) have globally reached a record $199 billion in net new assets (NNA) through the end of Q3 2014, ETFGI’s research found. According to the firm, the NNA gathered by ETFs and ETPs have surpassed the previous high of $185.8bn set in the first three quarters of 2012.
RBS hires Goldman Sachs to prepare for Coutts International sale
Royal Bank of Scotland (RBS) has confirmed it hired Goldman Sachs to seek potential buyers in the sale of Coutts International.
NewSmith appoints new head of alternatives and product
NewSmith, a specialist asset management firm, has appointed Charles Hopkinson-Woolley as the head of alternatives and product.
UK top in PB&WM, but success not to be “taken for granted”: report
Investors rate the UK higher than other financial centres such as New York, Zurich, Hong Kong and Singapore, for private banking and wealth management (PBWM) services, but the government needs to ensure that regulation and related high expenses do not have a disproportionate affect on the sector.
DeAWM adds four advisers to its UK business
Deutsche asset and wealth management (DeAWM) has hired four client advisers in response to the staggering growth of its London-based wealth management client business.
Standard Chartered Bank makes double appointment for UHNW segment
Standard Chartered Bank has appointed Richard Pattle as vice chairman, private banking clients, as it builds its Ultra High Net Worth (UHNW) segment.